Monday, January 7, 2008
Marriage = Joint Accounts?
I recently got married at the end of October and changing your name on legal and financial documents can be quite the chore. When I changed my name with my local bank, I was asked on multiple occasions by different representatives why my husband and I don't have a joint account. To be honest, it's none of their business, but what caught my attention was that some people naturally expect couples to share one account. Times have changed since the 20th century and couples are deciding what works best for their household. There have been some great articles advising couples on their financial options, and I'd like to hear your thoughts on this matter.
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2 comments:
Well, we all know how money is one of the three things that any married couple needs to be conscious of!
Stack that cheese ---
Peace
I'm a Suze Orman fan and she suggests that a couple should have 3 accounts: joint, his and her's. I'm not married so I haven't crossed that bridge yet, but I imagine that I will most likely do the three account thing. I do believe that a joint account is easy on the household esp. when the kids come. But, like I said, I'm a Suze fan so I'll do what Suze says. I'll look up her specific reasonings as to why she suggests that. But in any case, do what works for your family.
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